Property profile

301 S Sherman St 114 Richardson, TX 75081

FOR LEASE
Office buildings
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Property ID
US82-2947142
33,070 SF 2.88 ac Built 1981
Last sale May 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This property consists of professional office units within an office complex constructed in 1981, offering suites in a range of approximately 296 to 2,171 square feet. The building is located near US 75 off Belt Line Rd in Richardson, Texas, and supports occupant signage. The site provides on-site ownership and management support and includes parking configured at an approximate ratio of 5 spaces per 1,000 square feet. The office complex is served by an established tenant mix and is situated…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$1.70M
Assessed land$1.50M
Assessed improvement$197k
Effective rate2.25%

Value estimate

· Nov 2026
$900k
$810k – $990k
AI approach$900k
Submarket $/SF estimate$544k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$2k
Operating expenses−$1k
NOI$4k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z137
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.5
Electrical Service10.7
Florist9.3

Location

301 S Sherman St, Unit 114 Richardson, TX 75081
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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